How much will it cost to form and run a Corporation?
As with any state, Virginia charges an annual fee to maintain a Corporation. You also must submit an “annual report” which is a simple, information-based form that is sent to you by the Virginia State Corporation Commission each year. As long as you have 5,000 shares of less, the annual fee in Virginia for Corporations is currently $100.
Each state charges an annual fee to maintain a corporation. In many states, you must also submit an “annual report” or “list of directors and officers,” which is a one-page form sent by the state. Some states also have state taxes. The annual fees for three popular states – California, Nevada and Delaware – are as follows: • California: A $25 reporting fee and a list of directors and officers are required every year, beginning 60 days after incorporation. State income tax for C corporations in 2004 was 8.84% with an $800 minimum (the minimum tax is waived the first year). State income tax for S corporations in 2004 was 1.5% for most types of income, with a minimum of $800 (the minimum is waived the first year). • Nevada: The minimum initial filing fee for Nevada is $75 (which increases based on the total number of shares authorized). An additional $125 fee is due with the company’s Initial List of Officers and Directors 30 days after incorporation. The minimum annual fee is $125 (which
Each state charges some type of annual fee to maintain a corporation. In many states, you must also submit an “annual report” or “list of directors and officers,” which is a one-page form sent by the state. Some states also have state taxes. Annual fees for three popular states California, Nevada and Delaware are as follows: • California: A reporting fee of $25, along with a list of directors and officers, is required every year, beginning 60 days after incorporation. State income tax for C-corporations in 2004 was 8.84%, with an $800 minimum (the minimum tax is waived the first year). State income tax for S-corporations in 2004 was 1.5% for most types of income, with a minimum of $800 (the minimum is waived the first year). • Nevada: An Initial List of Officers and Directors is due 30 days after incorporation with a $125 fee. Annual fee is $125. There is no state income tax or franchise tax. • Delaware: A minimum annual franchise tax of $30 (which increases based on the total number o
In most states the only capital required to start a corporation is the state filing fee and any corresponding service fees. Click here for a quick quote. Annual fees include the state fee and the resident agent fees. The minimum annual fee in Delaware, for example is $30. Resident agent fees are $139 annually.
